BenBen Co. paid $ 190 to PeterPeter Co. and received a $ 12 purchases discount....
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Accounting
BenBen
Co. paid
$ 190
to
PeterPeter
Co. and received a
$ 12
purchases discount. Journalize the entry.
Journalize the entry for
BenBen
Co. Assume the perpetual inventory system. (The amount paid of
$ 190
is the net amount due after applying the discount. Record debits first, then credits. Exclude explanations from journal entries.)
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